What Are Good Internships for Economics Majors
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Economics is the science of how to use society's resources. Economic students have a theoretical understanding of how to ensure a well-functioning financial system in the whole community as well as in individual companies.
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Learn how to support and advise a client through a restructuring process.
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Citibank is committed to giving you every opportunity to learn and develop. As a part of that we have designed this Virtual Internship to help you build the skills and confidence to pursue a career with us!
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KPMG Tax Virtual Experience program is now live!
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Are you an Australian Aboriginal and/or Torres Strait Islander university student seeking an opportunity with a major global brand? Well this may be the opportunity for you!
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Every day, teachers are leading in classrooms, making real gains in students' education while enacting positive change in their schools and communities. Learn how to be an effective leader and change-maker, the way Teach For Australia's teachers do, through our Virtual Experience Programs.
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- See additional jobs only visible to logged in members
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Experience the working world during your summer or winter university holiday by joining our Indigenous Intern Program.
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The NSW Government Virtual Internship Program allows students to gain insight into the experience of working as a graduate in NSW Government.
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We have placements open now and are immediately looking for eligible graduates and students to commence internships.
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Created in collaboration with InsideSherpa and Development Beyond Learning, this program is designed to arm you specifically with the work-readiness skills that will help you to navigate these challenging times, and empower you to thrive as you seek and secure placements, internships and graduate ro
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Secure practical skills whilst tackling the UN's Sustainable Development goals with an industry partner...without even leaving your home.
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- See additional jobs only visible to logged in members
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Summer Analysts in the Asia Pacific region participate in an 8 - 12 week program, depending on location, which is designed to give you a unique opportunity to gain exposure to life in Global Markets.
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Summer Analysts in the Asia Pacific region participate in an 8 - 12 week program, depending on location, which is designed to give you a unique opportunity to gain exposure to life in Global Transaction Services (GTS).
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Summer Analysts in the Asia Pacific region participate in a 8 – 10 week program, depending on location, which is designed to give you a unique opportunity to gain exposure to life in Investment Banking.
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Wholesale Credit is a front office function that works closely with origination functions such as Corporate banking, Capital markets, and Global Transaction Services both domestically and globally to devise and deliver solutions to customers.
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Gain real world, international work experience, empowering local developing communities and making a sustainable, positive impact in the world.
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Apply social entrepreneurship in collaboration with cutting-edge tech companies, to create positive impact in rural communities across Australia.
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As a summer intern, you will learn key fundamentals from pitching a stock to pricing a bond, assisting with sales, trading and hedging activities, while seeing firsthand how the market impacts your industry.
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We shape a better world. We are an independent firm of designers, planners, engineers, consultants and technical specialists offering a broad range of professional services. Through our work we make a positive difference in the world.
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IMC is among the world's leading proprietary trading firms, and a market maker in securities listed on exchanges across the globe. Our cutting-edge technology drives everything we do.
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Economics Internships and Vacation Programs for Undergraduates
Applying and landing an internship in your chosen field is one of the best ways to landing an actual job in your future career, acting as a stepping-stone in a student's early career. Internships allow students to use their skill and knowledge gained in the classroom and put it to practice in a more formal setting. They help develop your experience in economics by learning the essentials by experienced professionals.
Economics primarily focuses on microeconomics and macroeconomics. Microeconomics studies the basic elements in the economy, which include individual agents and markets, their interactions, and the results from interactions. Macroeconomics studies the economy as a whole and the issues that affect it, which includes unemployment of resources, inflation, economic growth, and the public policies that talk about the issues.
It is always a good idea to start looking for internships early and undergraduates are expected to start planning and applying for internships a year prior they plan to intern. By having an economics degree, you'll have the qualifications and requirements needed to land you a job in a number of work departments and with an economics internship, the experience you gain will help prepare you for the right job.
Requirements
To be a potential candidate of an economics internship is for a student to be undergoing a degree relevant to economics and acquire key skills that would be of use including:
- Ability to use MS Office tools (Word, Excel, PowerPoint)
- Analytical and problem solving skills
- IT skills
- Interpersonal skills
- Ability to work well with others and independently
What to Expect
Economics internships teach you the practices and terminology of a workplace while developing your skills in critical thinking, problem solving, problem solving, and flexibility to apply economics to different disciplines. You'll also develop skills to work on projects that will help improve your analytical and technical skills as well as the experience of working in an economic environment that surround:
- Financial modelling and planning
- Management reporting
- Investor partnerships etc.
A few areas of internships you may expect to be involved in include1:
- Economics (macroeconomics and microeconomics)
- Public governance and territorial development
- Corporate operative services (budget & finance, communications & PR, etc.)
- Tax policy and administration
- Development co-operation
- Employment, labour and social affairs
- Statistics
- Financial and enterprise affairs
Being qualified to work in various departments allows you to have an extensive list of industries you can intern in, and potentially land a job in and these may include the departments of2:
- Business
- Environmental management
- Foreign affairs or international development
- Government or politics
- Information technology
- Infrastructure and transport
- International finance, investment, insurance and trade
- Management
- Marketing and tourism
- Natural resource and agricultural economics
- Policy
- Public health
- Statistics
- Teaching and education
- Treasury
In addition to the extensive list of employers, these are number of jobs an economics undergraduate can expect to pursue in for a future career, including:
- Accountant
- Actuary
- Economists
- Mortgage loan officer
- Cost analyst
- Financial researcher etc.
Internships will help you decide whether a career in economics is the right choice for you. You'll be able to experience what it's like to work in a real life company atmosphere that would benefit you for your future career and it is likely that after completion of the internship, your employer could offer you a permanent job at the company.
1 Career Development & Consulting, Economics Internships, 2015
2 The University of Queensland, Career Opportunities and Internships, 2015
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What Are Good Internships for Economics Majors
Source: https://au.gradconnection.com/internships/economics/
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